NBK trains Kuwait Fund staff
Kuwait, January 1, 2011
The National Bank of Kuwait (NBK), the leading bank in Kuwait, has organised a hands-on banking and administrative skills training programme for the employees of the Kuwait Fund for Arab Economic Development (KFAED).
NBK’s efforts are part of its ongoing drive to promote the education and development of Kuwait’s national workforce, a statement said.
The two-month training programme teaches KFAED disbursement department employees administrative and banking skills and procedures. NBK’s Corporate Banking Group delivered the programme’s lectures and presentations.
“NBK strengthens Kuwait’s economy and society through a variety of initiatives,” said Mazin Al-Nahedh, NBK general manager, corporate banking group.
“For example, this program demonstrates our commitment to Kuwait’s national workforce and our eagerness to work with public sector institutions for the long term benefit and development of Kuwait and its people.”
"This programme is also a manifestation of NBK's interest in developing fruitful and lasting relationships with Kuwait’s national economic sectors, particularly companies and organizations operating in the oil and petrochemical fields,” Al-Nahedh added.
Osama M Al Attal, director of disbursement department at KFAED, said: “The Fund employees will gain banking and administrative skills and knowledge during their program at the various departments and branches of NBK.”
The Kuwait Fund for Arab Economic Development, founded in 1961, was the first institution in the Middle East to focus on international development, according to the statement. – TradeArabia News Service
More Finance & Capital Market Stories
- Insurance House posts second year of profit
- ETF global assets hit record $2.44 trillion
- Bahrain firms plan IPOs
- Serbia wins $1bn Abu Dhabi loan
- Key equity banker resigns from Saudi Fransi
- DMCC to boost Islamic commodity trade with tie-ups
- IDB, KIA units to invest in Morocco
- First Gulf to set up $1bn sukuk in Malaysia
- Singapore’s UOB Bullion and Futures joins DGCX
- Infrastructure investment ‘key to growth’
- BKIC declares 30pc dividend
- StanChart profit falls 16pc in 2013
- Veteran Saudi banker to head AMF
- Dubai World prepays $284m to creditors
- EFG-Hermes sells Damas stake to Mannai
- Ultra rich number to grow 35pc in Mideast
- Saudi IPO market 'set for big year'
- RAK 'exploring' ceramics unit stake sale
- Bahrain Bourse wins key UK award
- Alba backs Euromoney forum
- URC bond rating upgraded to stable outlook
- GCC urged to set up onshore financial centres
- Consolidation push paying off for Bahrain banks
- Mubadala to focus more on US, Europe
- Six banks join plan for shared customer data register
- UAE economy grows 4pc in 2013
- Egypt foreign reserves up to $17.3bn
- StanChart opens second branch in Iraq
- Oil below $90 to hit GCC economies
- Payfort offers zero deposit scheme to SMEs